8 reasons to bid for public sector contracts

Bidding for a tender can be a daunting and complicated process. But there are many reasons to try. Here are a few poignant statistics that we have gathered.

Almost 80% of public sector contracts awards go to small and medium enterprises (SMEs).

1. In 2017/18, 22,000 contracts were advertised on Public Contracts Scotland with 17,500 being awarded to SMEs.

2. More than 75% of the 22,000 awarded contracts went to Scottish businesses. 

3. The Procurement Reform Scotland Act went live two years ago, committing public sector bodies to ensuring their procurement practice is open to SMEs.

4. 50% of public sector spend on procurement in the last financial year went to SMEs. 

5. That 50% accounted for more than £5 billion. 

6. In 2017/18, 15,400 new public sector business opportunities were advertised. 

7. 92% (14,168) of these opportunities were low value and of these 76% (11,715) were quick quotes. 

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